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Report: Heat Sign Eddie House To Two-Year, $2.8 Million Contract

This summer, the Miami Heat have surrounded LeBron James, Dwyane Wade and Chris Bosh with solid value signings. They did that again today, signing free agent Eddie House to a two-year, $2.8 million contract, according to Adrian Wojnarowski.

The Heat have reached an agreement with 32-year-old guard Eddie House(notes) on a two-year contract for $2.8 million, his agent, Mark Bartelstein, told Yahoo! Sports on Thursday. The second year of the deal is a player option for $1.4 million.

Miami beat out the Chicago Bulls to get House. With a history of clutch shooting that includes multiple big games with the Boston Celtics over the past three years, House will help support Miami's starry core off the bench.   

House will provide a much-needed three-point shooting threat for the team, and his lack of ball-handling skills will be mitigated by the presence of James and Wade. All in all, this is a great signing for Miami.

For more, visit SB Nation's Heat blog Peninsula is Mightier.